Silicon Valley holds less than 0.1% of the world’s population (3 million people) and yet they’ve launched nearly half of the most valuable tech companies in the world, with a valuation of more than $100 billion. Other Silicon Valleys can be built in Europe, but it’s really hard. To make this happen, you need more than just start-ups; you need an entire ecosystem: a constant stream of entrepreneurs, capital and companies of all sizes. Public sector leadership in Europe is… (Continua a leggere)

Our transatlantic Internet connections will soon become a lot more reliable. Microsoft, Facebook and infrastructure company Telxius announced they have finished work on a 4,000-mile-long undersea cable that can transmit 160 terabits of data per second, making it the highest capacity data cable crossing the Atlantic. To put that in perspective, when you break it down into the gigabytes we’re familiar with, 160 terabits equals 20,000 GB of data. So, let’s say you’re downloading movies that are 2 GB in size, you could download… (Continua a leggere)

‘We’re now at a crossroads of legal innovation. We can either forge ahead and embrace technology, which is what we’re doing, or we can slowly become irrelevant,” says Barry Devereux, who is leading McCann Fitzgerald’s efforts to be at the cutting edge of legal services provision. Where once a law firm was seen as a place where people came for advice on legal disputes, he wants McCann Fitzgerald to become something of a tech company too. The firm has just… (Continua a leggere)

In the coming years, London’s Nine Elms neighborhood will look much different than it does today. Once the site of a farm, shipyard, and railway, the 500-acre waterfront area started redeveloping in the early 2000s — adding thousands of new housing units, public plazas, restaurants, and shops. By 2025, the 8 million-square-foot Battersea Power Station development in Nine Elms will consist of hotels, offices, two subway stations, and thousands of housing units. Another 15-acre development in the area, called Embassy Gardens, will add 1,982 new homes alongside more shops,… (Continua a leggere)

Russia will start to build its first high-speed railway linking Moscow and Kazan in 2018, said Alexander Misharin, First Vice-President of Russian Railways, on Wednesday. The design of the high-speed railroad will be completed by the end of 2017, he said at a forum. In November 2016, Russian Railways President Oleg Belozerov said the rail link is planned to enter service by 2022. The 770-kilometer-long railway will cost about 1.3 trillion rubles (about 22.4 billion U.S. dollars). The high-speed trains… (Continua a leggere)

La Riflessione

You’ve probably heard of foreign businesspeople who have had great success in Japan, such as Carlos Ghosn, the former chairman of Nissan Motor. But you might not know about an American investor who has played a key role in advising the Japanese government on reforming the corporate sector. In July 2014, Scott Callon, CEO of Ichigo Asset Management, received a call from Japan’s Financial Services Agency (FSA) and was summoned for a meeting. Callon was filled with anxiety. After all,… (Continua a leggere)